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Yearly Archives: 2012

Abu Dhabi: Emirates Steel has finished the second stage of expansion plan and plans to increase its production to around 6.5 million tonnes per annum within the next four years, the company said in a statement yesterday.
The company, a di... more

The Gulf states are well positioned for growth, and compare favourably with Asian markets of the 1990s, says a report due to be published tomorrow.
The six GCC countries stand up well compared with the economic transition of the four key ... more

RAS AL KHAIMAH - The emirate of Ras Al Khaimah is all set to boost strategic cooperation with the US in view of booming trade.
According to a senior official, the UAE’s exports to the US rose by 18 per cent between 2000 and 2010, from $9... more

The importance of a free trade agreement between the UAE and the European Union (EU) was discussed yesterday at a meeting between EU and UAE representatives here.
Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, and Rodi Kratsa, vice... more

A project has been launched to build a 820-metre-long link that directly connects Burj Khalifa/The Dubai Mall with the nearby metro station by travelators.
Scheduled to be operational in 2013, 'The Dubai Mall Metro Link' is one of the lo... more

Dubai-based Arabtec Holding (ARTC.DFM) said Wednesday it won a 561 million U.A.E. dirham ($152.7 million) contract from Dubai Aviation City Corp. to carry out infrastructure works related to the Dubai International Airport expansion pro... more

Qatar’s remarkable growth in recent years is the focus of CNN’s ‘Future Cities’ programme being aired this week, with international business anchorman Richard Quest examining how the country’s leadership is investing in the develo... more

Abu Dhabi The Abu Dhabi Department of Economic Development (ADDED) registered 893 new construction firms under 42 categories last year, a statement said.
It has also renewed 813 licences and modified 26.
Licence renewals increased by 30 p... more

With the demand-supply gap continuing to have a drag on Qatar's real estate market, the country is expected to witness the launch of $10bn worth projects in the next couple of years.
Market reports say at least 18,000 buildings, resident... more